1-bed · 889 sqftMajestine Allure, Business Bay · 10th floor · completed 2018

1008, Majestine Allure

Sold prices and rental history: sold once, by the developer in March 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 16 March 2025
Last soldAED 1.64M22 March 2023
Current rentAED 116K /yr16 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Majestine Allure

What is 1008 worth today?

Last sold for AED 1,642,000 in 2023

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16 Mar 2025RentedRenewal
AED 115,500/yr12 months · AED 130 per sqft
16 Mar 2025RentedRenewal
AED 115,500/yr12 months · AED 130 per sqft
16 Mar 2024RentedNew contract
AED 110,000/yr12 months · AED 124 per sqft
22 Mar 2023Sold by developerReady
AED 1,642,000AED 1,846 per sqft
5 Nov 2020RentedNew contract
AED 57,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 16 March 2025.

Key facts

Type
1-bed apartment
Size
889 sqft
Floor
10th of 19
Parking
P2-29
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.64M · March 2023

About 1008, Majestine Allure

1008 is a one-bedroom apartment of 889 sqft on the 10th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 22 March 2023 for AED 1,642,000, or AED 1,846 per sqft, in line with the AED 1,827 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 16 March 2025, is AED 115,500 a year: a gross yield of 7.0% on the 2023 price.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical one-bed in Majestine Allure
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,779,350; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,552,655; 2019 AED 1,677,000; 2020 AED 1,040,000; 2021 AED 912,500; 2022 AED 1,336,500; 2023 AED 1,656,120; 2024 AED 1,320,000; 2025 AED 1,262,500; 2026 AED 1,327,500Sold by developer, March 2023: AED 1,642,000 (AED 1,846 per sqft)

1008 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1008, each contractTypical one-bed in Majestine Allure
50K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 61,500; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 87,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, November 2020: AED 57,000 a yearNew contract, March 2024: AED 110,000 a yearRenewal, March 2025: AED 115,500 a yearRenewal, March 2025: AED 115,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Majestine Allure, and where 1008 sits

All 147 1-beds →

1008 last sold in March 2023 at AED 1,846 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,827). Over the last 12 months one-beds sold for AED 1,250,000 to 1,433,816, around AED 1,426 per sqft, and rent for AED 70,000 to 120,000 a year. 1008's AED 115,500 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,250,000
20 Jul 20261,282,931
23 Apr 20261,433,816
6 Apr 20261,305,000
10 1-bed sales in the last 12 months

Majestine Allure

Building

497 apartments, studios to 3-bed over 19 floors in Business Bay, completed in 2018 by Business Tower Investment. 30 sold in the last 12 months.

Typical price per sqft
AED 1,539 Down 7.3%
Typical sale
AED 894K
Typical rent
AED 70K /yr
Typical yield
7.3%
Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 497 units in Majestine Allure
Value
1001StudioAED 820K · Mar 2025
1002StudioAED 1.02M · Apr 2015
10033-bedAED 3.23M · Apr 2018
10042-bedAED 1.8M · May 2025
10052-bedAED 2.76M · Mar 2024
10062-bedAED 1.9M · Aug 2014
10071-bedAED 1.41M · Oct 2024
1–7 of 27

1008, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 22 March 2023 for AED 1,642,000, or AED 1,846 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 57,000 to AED 115,500 a year.
  • At AED 115,500 a year the gross yield on the 2023 price is 7.0%.
  • One-beds in Majestine Allure sold for AED 1,250,000–1,433,816 in the 12 months to November 2026; the building's median across all types is AED 1,539 per sqft.

Source: Dubai Land Department. Updated 16 March 2025.

Questions about 1008, Majestine Allure

What did unit 1008 last sell for?

AED 1,642,000 on 22 March 2023, sold by the developer: AED 1,846 per sqft for 889 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 115,500 a year on the contract renewed on 16 March 2025. The previous contract, from March 2025, was AED 115,500; the unit has been rented since November 2020.

How big is unit 1008?

889 sqft (82.6 sqm): a one-bedroom apartment on the 10th floor of a 19-storey tower completed in 2018.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,433,816 in the last 12 months, around AED 1,426 per sqft.

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Mortgage on 1008, Majestine Allure

Starts from the last sale price (AED 1.64M, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,642,000
Deposit, UAE resident (20%)
AED 328,400
Deposit, non-resident (40%)
AED 656,800
Monthly over 25 years at 3.7%
AED 6,718

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →